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...some wings, fuselages, spare parts were saved. When he got back, he found his mechanics out on the field putting together a plane with one silver wing, one red one. Pocketing his $75,000 loss (virtually no insurance), he bought a fireproof brick building from Susquehanna Silk Mills in Lock Haven, Pa., 80 miles away, renamed his company Piper Aircraft Corp., and started over. His loss for the year was only $39,555, and in 1938 profits were $14,031. Last year he added a fireproof repair shop, 15 hangars, a shipping room, and profits zoomed...

Author: /time Magazine | Title: AIRCRAFT: Piper's Dream | 3/18/1940 | See Source »

...brilliant men had been pinched off between the slide-rule and the axe, and would leave great gaps that could never he filled by renumbering courses. Take the English Department, for example. Four assistant professors were given terminating appointments last spring. All are here now Presumably two will lock up their brief-cases for the last time this spring, two more in June, 1941. This year these men are giving eight half-course, and carry a large portion of the tutorial work in English, Slavic, and Comparative Literature. Undergraduate were rightly worried about who would teach these courses and carry...

Author: NO WRITER ATTRIBUTED | Title: UNFINISHED BUSINESS | 3/11/1940 | See Source »

...seconds, instead of over half an hour. Better still, the solution could be blown on by an air gun. With his process, mirror-makers could throw away their pitchers and work on a high-speed assembly line. Few weeks ago big Libbey-Owens-Ford Glass Co. bought Peacock Laboratories, lock, stock & barrel, announced that Chemist Peacock would stay on as president...

Author: /time Magazine | Title: MANUFACTURING: Done with Mirrors | 2/5/1940 | See Source »

...Boys. Billy and Elizabeth Hull had five sons. First was Orestes, a smart boy who "made a doctor" and went to Louisiana where he died young "of a lock of the bowels." Second was Sanadius Selwin, who was a "Gamblin' Hull," wasted $30,000 of his pappy's money failing in business. Cordell was the third son by 7 months, and Cord became the favorite. Fourth was Wyoming Hull, who was known all his life as the "general"; sick as a. baby, he remained childish, wore Cord's old clothes, wandered about Carthage begging a quarter...

Author: /time Magazine | Title: THE CABINET: Saint In Serge | 1/8/1940 | See Source »

Fluttery Hilda Davis (wife of Dance-Band Leader Meyer Davis), who owns a lock of Lord Byron's hair, a page from the Gutenberg Bible, a promissory note for $100,000 made out to E. L. Doheny and signed by Ex-Secretary of Interior Albert B. Fall, announced with pride her purchase for $15,000 of the original manuscript of Johannes Brahms's First Symphony. Said she: "Isn't it thrilling...

Author: /time Magazine | Title: People, Jan. 1, 1940 | 1/1/1940 | See Source »

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